OFS

OFS Credit Company Provides November 2023 Net Asset Value Update

Retrieved on: 
Friday, December 15, 2023
Asset Management, Professional Services, Finance, NAV, OFS, KPMG, OCCI, Form, Investment, Risk, KPMG LLP

OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of November 30, 2023.

Key Points: 
  • OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of November 30, 2023.
  • Management’s unaudited estimate of the range of our NAV per share of our common stock as of November 30, 2023 is between $7.58 and $7.68.
  • This estimate is not a comprehensive statement of our financial condition or results for the month ended November 30, 2023.
  • The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management.

Agilent Again Named “Global Lighthouse” by World Economic Forum for Manufacturing Innovations

Retrieved on: 
Thursday, December 14, 2023
Technology, Manufacturing, IOT (Internet of Things), Professional Services, Robotics, Other Manufacturing, Data Analytics, Software, Artificial Intelligence, Machine Tools, Metalworking & Metallurgy, Chemicals, Plastics, Computer, Industrial internet of things, NYSE, Steam, OFS, HPLC, Multimedia, Agilent Technologies, Artificial intelligence, Machine learning, Quality control, Automation, Fourth Industrial Revolution, Internet, McKinsey & Company, Industrial Revolution, Lighthouse, Electricity, WEF, 3D printing, Fine chemical, Waldbronn

Agilent Technologies Inc. (NYSE: A) today announced the company’s manufacturing facility in Waldbronn, Germany, has been named a Global Lighthouse by the World Economic Forum (WEF) for innovations that boost productivity, output, and quality.

Key Points: 
  • Agilent Technologies Inc. (NYSE: A) today announced the company’s manufacturing facility in Waldbronn, Germany, has been named a Global Lighthouse by the World Economic Forum (WEF) for innovations that boost productivity, output, and quality.
  • Only 153 manufacturing facilities worldwide have received the Lighthouse distinction from WEF, and Agilent is the sole analytical and clinical laboratory technology company among them.
  • It is the second Agilent facility to be named a Lighthouse, after Agilent’s Singapore site in 2022 .
  • To earn the Lighthouse designation, the Agilent team rapidly developed, piloted, and scaled smart manufacturing technologies while navigating a period of unprecedented demand and supply chain disruption.

Fiber Broadband Association Elects 2024 Board of Directors

Retrieved on: 
Wednesday, December 13, 2023
Technology, Networks, Internet, Telecommunications, Market development, Public policy, FBA, Freeman, OFS, Organization, Woman, New Board, Chairperson, Google Fiber, History, Graybar, Region, Trust (social science), EPB, Conference, Robert Espeseth, Middle mile, Working Group, Internet service provider, Management

The Fiber Broadband Association (FBA) today announced its 2024 Board of Directors as the organization leads the industry through its largest investment cycle ever.

Key Points: 
  • The Fiber Broadband Association (FBA) today announced its 2024 Board of Directors as the organization leads the industry through its largest investment cycle ever.
  • “As we look forward to 2024, the fiber broadband industry has a lot to be excited about,” said Gary Bolton, President and CEO at the Fiber Broadband Association.
  • “We’re set to experience the biggest and best year in fiber broadband history, and our 2024 Board of Directors is an excellent group of experienced leaders to guide us through it.
  • The 2024 Board of Directors elections were held at the Fiber Broadband Association’s 2023 Premier Members Meeting, December 4-5, in Palm Springs, Calif.

OFS Credit Company Announces Financial Results for the Fourth Fiscal Quarter 2023

Retrieved on: 
Monday, December 11, 2023
Banking, Professional Services, Finance, OCCI, Investment, Growth, NII, NAV, OFS, Credit, CLO, Security (finance)

OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fourth fiscal quarter and fiscal year ended October 31, 2023.

Key Points: 
  • OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fourth fiscal quarter and fiscal year ended October 31, 2023.
  • Net investment income (“NII”) of $5.3 million, or $0.36 per common share, for the fiscal quarter ended October 31, 2023.
  • This compares to NII of $3.8 million, or $0.34 per common share, for the fiscal quarter ended July 31, 2023.
  • Core net investment income (“Core NII”)1 of $9.1 million, or $0.62 per common share, for the fiscal quarter ended October 31, 2023.

OFS Credit Company Provides October 2023 Net Asset Value Update

Retrieved on: 
Wednesday, November 15, 2023
Asset Management, Professional Services, Finance, OFS, NAV, KPMG, OCCI, Annual report, Form, Investment, Risk, KPMG LLP

OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of October 31, 2023.

Key Points: 
  • OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of October 31, 2023.
  • Management’s unaudited estimate of the range of our NAV per share of our common stock as of October 31, 2023 is between $7.50 and $7.60.
  • This estimate is not a comprehensive statement of our financial condition or results for the month ended October 31, 2023.
  • The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management.

OFS Capital Corporation Announces Date for Its Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, October 25, 2023
Asset Management, Professional Services, Business, Finance, Domestic, OFS, Interest, BBX Capital Corporation, International, Cryptocurrency

OFS Capital Corporation (NASDAQ: OFS) (“OFS Capital”), a business development company, announced today that it will report its third quarter 2023 earnings results after the closing of the stock market on Thursday, November 2, 2023.

Key Points: 
  • OFS Capital Corporation (NASDAQ: OFS) (“OFS Capital”), a business development company, announced today that it will report its third quarter 2023 earnings results after the closing of the stock market on Thursday, November 2, 2023.
  • A conference call is scheduled for Friday, November 3, 2023 at 10:00 a.m. Eastern Time to discuss OFS Capital’s financial results and business.
  • Bilal Rashid, Chairman & Chief Executive Officer, will host the call, along with Jeffrey Cerny, Chief Financial Officer & Treasurer.
  • An archived replay of the call will be available for 90 days on a webcast link located on the For Investors section of our website or through November 13, 2023 by dialing 1-877-344-7529 (Domestic) or 1-412-317-0088 (International) and referencing conference ID # 9228977

OFS Credit Company Announces Results of Stockholder Elections for the Distribution for the Fiscal Quarter Ending October 31, 2023

Retrieved on: 
Friday, October 20, 2023
Professional Services, Business, Finance, Transfer, OCCI, Fullerton India Credit Company Limited, OFS, Shareholder, Security (finance)

The distribution is payable on October 31, 2023 to common stockholders of record as of September 15, 2023.

Key Points: 
  • The distribution is payable on October 31, 2023 to common stockholders of record as of September 15, 2023.
  • The distribution will consist of approximately $1.6 million in cash and 943,866 shares of common stock, or approximately 6.3% of the Company’s outstanding common stock prior to the distribution.
  • Holders of approximately 39% of the Company’s common stock elected to receive only stock or did not make an election.
  • Registered stockholders with questions regarding the distribution may call the Company's transfer agent, American Stock Transfer & Trust Company, LLC, at (718) 765-8730.

OFS Credit Company Provides September 2023 Net Asset Value Update

Retrieved on: 
Friday, October 13, 2023
Asset Management, Professional Services, Finance, Investment, OFS, KPMG LLP, OCCI, Risk, Fullerton India Credit Company Limited, Form, Annual report, KPMG, NAV, Bank

OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of September 30, 2023.

Key Points: 
  • OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of September 30, 2023.
  • Management’s unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2023 is between $7.69 and $7.79.
  • This estimate is not a comprehensive statement of our financial condition or results for the month ended September 30, 2023.
  • The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management.

OFS Credit Company Provides August 2023 Net Asset Value Update

Retrieved on: 
Friday, September 15, 2023
Banking, Professional Services, Finance, NAV, Fullerton India Credit Company Limited, OFS, Investment, Annual report, Risk, KPMG LLP, OCCI, Form, KPMG, Bank

OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of August 31, 2023.

Key Points: 
  • OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of August 31, 2023.
  • Management’s unaudited estimate of the range of our NAV per share of our common stock as of August 31, 2023 is between $8.08 and $8.18.
  • This estimate is not a comprehensive statement of our financial condition or results for the month ended August 31, 2023.
  • The preliminary financial data included in this press release has been prepared by, and is the responsibility of, OFS Credit’s management.

OFS Credit Company Announces Financial Results for the Third Fiscal Quarter 2023

Retrieved on: 
Friday, September 8, 2023
Banking, Professional Services, Finance, OCCI, OFS, Credit, NAV, CLO, NII, Fullerton India Credit Company Limited, Security (finance)

OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended July 31, 2023.

Key Points: 
  • OFS Credit Company, Inc. (NASDAQ: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended July 31, 2023.
  • Net investment income (“NII”) of $3.8 million, or $0.34 per common share, for the fiscal quarter ended July 31, 2023.
  • This compares to NII of $3.6 million, or $0.35 per common share, for the fiscal quarter ended April 30, 2023.
  • Core net investment income (“Core NII”)1 of $7.0 million, or $0.62 per common share, for the fiscal quarter ended July 31, 2023.